secwatch.observer — SEC 8-K summary
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Issuer:     ACORN ENERGY, INC. (ACFN)
CIK:        0000880984
Form:       8-K
Filed at:   2021-08-09T23:59:59+00:00
Accession:  0001493152-21-018990
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acorn Energy Q2 revenue $1.6M (+9.7% YoY), net income $2K vs loss
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- Q2'21 total revenue $1.61M (+9.7% YoY); gross profit $1.22M (+19.6%); net income $2,000 vs $33K loss.
- 6M'21 revenue $3.32M (+18.2%); net income $22K vs $316K loss; cash-basis revenue +25%.
- OmniMetrix operating income $231K ($200K in Q2'20); SG&A rose 21% on travel and new hires.
- Cash equivalents $1.96M; ~$70M NOL expected to shield cash taxes for foreseeable future.
- CEO highlights new Remote A/C Disconnect launch and progress toward 20% organic growth goal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880984/000149315221018990/0001493152-21-018990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880984/000149315221018990/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-018990

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer